39 Laurel St Leominster, MA 01453
Estimated payment $3,616/month
About This Home
Come on out and be the first to see this pristine 3 unit investment property. Why rent when you can have your tenants pay your mortgage. Lots of upgrades and plenty of off street parking at this property. Currently generating $5500 in monthly rents. This would be a great owner occupied with rents scenario or Investment opportunity with instant positive cash flow. Most systems in this home have had upgraded and there is very little work to be done. Leases with existing tenant's maybe negotiable. Some rents under market rate and could be increased. Very motivated seller, bring all offers !!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,539
Year Built
- Built in 1880
Lot Details
- 9,830 Sq Ft Lot
- Wooded Lot
Home Design
- Stone Foundation
Interior Spaces
- 2,404 Sq Ft Home
- Property has 1 Level
- Partial Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
Community Details
- 3 Units
- Net Operating Income $66,000
Listing and Financial Details
- Assessor Parcel Number M:0042 B:0008 L:0000,1577785
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,539 | $394,800 | $113,200 | $281,600 |
| 2024 | $5,065 | $349,100 | $107,800 | $241,300 |
| 2023 | $4,802 | $309,000 | $93,700 | $215,300 |
| 2022 | $4,417 | $266,700 | $81,500 | $185,200 |
| 2021 | $4,297 | $237,000 | $63,400 | $173,600 |
| 2020 | $53 | $206,800 | $60,100 | $146,700 |
| 2019 | $2,363 | $200,700 | $54,000 | $146,700 |
| 2018 | $2,345 | $193,300 | $52,500 | $140,800 |
| 2017 | $2,428 | $154,100 | $49,000 | $105,100 |
| 2016 | $2,837 | $144,900 | $49,000 | $95,900 |
| 2015 | $2,817 | $144,900 | $49,000 | $95,900 |
| 2014 | $2,994 | $158,500 | $51,500 | $107,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Pending | -- | -- | -- |
| 10/21/2025 10/21/25 | For Sale | $599,000 | -- | $249 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Deed | $265,000 | None Available | |
| Deed | $265,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Closed | $420,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $363,000 | Purchase Money Mortgage | |
| Previous Owner | $101,500 | No Value Available | |
| Previous Owner | $75,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73446172
APN: LEOM-000042-000008
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